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Equity Release Advice Lichfield

If you’re a homeowner over the age of 55 and would like to find out more about equity release, Equity Select offer free consultations face-to-face or over the phone.

What is equity release?

Equity release is a product designed for those over the age of 55 who would like to release some of the wealth tied up in their property without having to sell it. The equity released comes to you tax-free in the form of a mortgage with a fixed rate of interest. Typically, the borrowed money along with the accrued interest is repaid to the mortgage lender upon passing away or moving into long term care.

Why Equity Select?

We pride ourselves on working with you, our clients, throughout the entire process, to ensure everything goes as smoothly as possible.

From the initial meeting right through until completion, whether you are looking for help with a mortgage, equity release or insurance we’ll be on hand to help you every step of the way.

Q Will I be able to release equity even if I still have a mortgage?

Q What happens when I pass away?

Q Will I still own my own home?

Q What happens if I go into long-term care?

Q Will I be able to move house?

Q Will I be able to leave an inheritance for my family?

Q Will I ever fall into negative equity?

Q Are there any restrictions on what I may do with the money?

Q What about repairs and maintenance?

Q Will I be able to pay back released equity early?

Q Will I have to make monthly payments?

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